Home | Amazing | Today | Tags | Publishers | Years | Account | Search 
Risk Management and Capital Adequacy

Buy

A Step-by-Step Approach for Integrating Market, Credit, and Operational Risk Management--While Complying with New Basel Accord Guidelines

For financial institutions around the world, the work involved in managing market, credit, and operational risk exposures--as well as the capital required to support such exposures--will change dramatically under the new Basel Accord guidelines. Risk Management and Capital Adequacy is the first book to examine how institutions can streamline programs by, wherever possible, integrating and simplifying risk management strategies and techniques.

From analyses of the latest models and frameworks to case studies and examples of the devastating effects of unfocused or insufficient risk management, this in-depth examination reveals:

  • Building blocks for constructing an integrated, effective risk management framework
  • The three pillars of the Basel Accord--and what institutions must do to comply with each
  • Details behind financial disasters, from LTCM to Barings, and how they could have been prevented

While banks have an institutional interest in managing risk exposures, they also have a competitive interest in minimizing the capital required to offset those exposures. Risk Management and Capital Adequacy is the first book to outline an integrative framework for managing risks, and complying with the Basel Accord requirements, in the most cost-effective, capital-efficient, and competitively sound possible ways.

The effective management of risk is a front-and-center topic for financial institutions. Charged with meeting everything from the newly fluid realities of global markets to the inflexible requirements of the Basel Accords, institutions are finding they must replace formalized and normative approaches with new types of risk management. These programs must be detailed enough to address the risks of today's dynamic markets yet adaptable enough to meet the needs of individual institutions and their requirements--while at the same time allowing decision-makers to demonstrate their willingness and capability to effectively handle unseen risk and increase shareholder value.

Risk Management and Capital Adequacy examines and explains today's key approaches for understanding and managing market, credit, and operational risk. The first book to provide practitioners with straightforward and hands-on techniques for integrating key risk management approaches, this all-inclusive resource covers topics such as:

  • The history of modern risk management
  • Regulatory mechanisms for managing risk
  • Conceptual approaches for modeling market, credit, and operational risk
  • Modern Portfolio Theory and the Capital Asset Pricing Model
  • Uses and limitations of Value at Risk
  • The BIS risk-based capital requirement framework
  • KMV's credit monitor model
  • Differences in credit versus market risk models
  • KPMG's Loan Analysis System and other risk-neutral valuation approaches
  • Products with inherent credit risks
  • Capital adequacy issues from regulatory and industry perspectives
  • Basel Committee on Banking Supervision and the New Basel Capital Accord
  • Case studies of Metallgesellschaft, Sumitomo, LTCM, and Barings

Under the new Basel guidelines, all financial institutions subject to local banking laws will be required to adopt and operate under dramatically different risk exposure rules and guidelines. Risk Management and Capital Adequacy provides banking executives with an integrated risk management framework that is as seamless to implement as it is self-explanatory and complete. It is today's most across-the-board examination of where risk management stands today, which rules and guidelines are likely to change in the future, and how institutions can establish programs that meet risk management imperatives, limit risk capital requirements, and provide for the integration of risk management to cover the global spectrum of today's financial arena.

About the Author

Reto Gallati, Ph.D., is deputy chief risk officer at Putnam Investments. A visiting professor at MIT's Sloan School of Management, Dr. Gallati has also worked in risk management at KPMG, Goldman Sachs, and Crédit Suisse and has been an instructor at Boston University, Harvard, and the University of Zurich.

(HTML tags aren't allowed.)

Head First Mobile Web (Brain-Friendly Guides)
Head First Mobile Web (Brain-Friendly Guides)

Mobile web usage is exploding. Soon, more web browsing will take place on phones and tablets than PCs. Your business needs a mobile strategy, but where do you start? Head First Mobile Web shows how to use the web tech- nology you’re already familiar with to make sites and apps that work on any device of any size. Put...

Managing Your Personal Finances with Quicken : Visual QuickProject Guide
Managing Your Personal Finances with Quicken : Visual QuickProject Guide

The Visual QuickProject Guide that you hold in your hands offers a unique way to learn about new technologies. Instead of drowning you in theoretical possibilities and lengthy explanations, this Visual QuickProject Guide uses big, color illustrations coupled...

C# 5.0 All-in-One For Dummies
C# 5.0 All-in-One For Dummies

800+ pages of top-notch coverage; perfect for learning the fundamentals of C#!

C# is a complex programming language for building .NET-connected software for Microsoft Windows, cloud computing, the Web, and a wide range of devices. Today's developers use it to develop Azure and Windows Phone apps, and Android applications...


Pattern Recognition: Concepts, Methods and Applications
Pattern Recognition: Concepts, Methods and Applications
Pattern recognition currently comprises a vast body of methods supporting the development of numerous applications in many different areas of activity. The generally recognized relevance of pattern recognition methods and techniques lies, for the most part, in the general trend or "intelligent" task emulation, which has definitely...
How to Speak Tech: The Non-Techie's Guide to Technology Basics in Business
How to Speak Tech: The Non-Techie's Guide to Technology Basics in Business

"A great book everyone can use to understand how tech startups work." --Rene Reinsberg, GM/VP at GoDaddy, CEO and Co-founder at Locu

"Finally a book non-techies can use to understand the web technologies that are changing our
...

Character Development and Storytelling for Games (Game Development Series)
Character Development and Storytelling for Games (Game Development Series)
This is a book of ideas and of choices. Knowing which choices to make is not teachable. It's part of that creative instinct we call talent whose secret voice guides us every time we sit down at the keyboard. All stories are not identical. They are shaped by all those unique facets of the human beings who write them. All any writer can do when he...
©2019 LearnIT (support@pdfchm.net) - Privacy Policy